Commercial Land with Existing
For Sale
$700,000
1328 Harding Hwy, Richland, NJ 08350
COMMERCIAL/INDUSTRIAL, Richland, NJ
Property Size4,500 SF
Lot Size0.34 Acres
Price / SF$155.56
Days on Market148
Property Features for 1328 Harding Hwy
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
PVRC
Directions
Drive East on Rt 40-Harding Hwy-property is on the right.1 Mile from St Augustine Preparatory Sch.
Subdivision
Buena Vista Twp
Standard status
Active
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6943
Utilities
Heating system
Natural Gas
Cooling system
Electric, Central Air
Water source
Well, Private
Building Details
Year built
1932
Listing Agency:
Keller Williams Realty Jersey Shore - Margate
(609) 823-3500
Listed By:
Nicholas (Nick) Brennan · License #2445553
(609) 802-7454
Added: May 12
Changed: Sep 13
Last Checked: Oct 6 at 3:06PM
MLS# 607782
Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land offering at 1328 Harding Highway comprises three separately subdivided parcels. One parcel contains an approximately 4,500 +/- SF commercial building currently operating as Lazy Eye Distillery, while the other two parcels are vacant. The property is zoned PVRC and includes central air, electric cooling, natural gas heat, and private well water. The building dates to 1932.
Located in Richland, the property fronts Harding Highway and provides access to the roadway network serving Atlantic County and surrounding South Jersey markets. The combination of an existing commercial structure and two undeveloped parcels supports continued operation, expansion, or separate development across the assembled property.
Located in Richland, the property fronts Harding Highway and provides access to the roadway network serving Atlantic County and surrounding South Jersey markets. The combination of an existing commercial structure and two undeveloped parcels supports continued operation, expansion, or separate development across the assembled property.
Key Highlights
- Three separately subdivided commercial lots
- Approximately 4,500 +/- SF commercial distillery building
- Two vacant parcels included for additional development
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,965
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,300
$979.3K
Cap Rate 7%
$699,500
$699.5K
Cap Rate 9%
$544,056
$544.1K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$81.0K $18.00/SF
− Vacancy
−$5.7K −$1.26/SF
EGI
$75.3K $16.74/SF
− OpEx
−$26.4K −$5.86/SF
NOI
$49.0K $10.88/SF
Area
Atlantic County, NJ
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,300
Cap Rate 7%
$699,500
Cap Rate 9%
$544,056
Alternative Uses
Best Use
Industrial
$1.38M
$1.21M – $1.61M
NOI $96,603 @ 7.0% cap · market cap 13.80%
Second Best
Flex RnD
$699.5K
$612.1K – $816.1K
NOI $48,965 @ 7.0% cap · market cap 7.00%
Theoretical Best
Warehouse
$1.68M
$1.47M – $1.96M
NOI $117,304 @ 7.0% cap · market cap 16.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 08350, NJ
611
Population
341
Households
1.8
Avg Household Size
47
Median Age
18%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
191
Density / Sq Mi
$152,525
Median Household Income
$77,615
Median Earnings
$235,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Commercial land - Three commercial parcels include an operating distillery building and two vacant lots for additional development.
Where is this commercial land located?
The property is located at 1328 Harding Hwy Richland, NJ.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Three separately subdivided commercial lots; Approximately 4,500 +/- SF commercial distillery building; Two vacant parcels included for additional development
